Bradford's landmark Conditioning House is expected to become a waterside apartments complex in the new look city.

Caddick Developments, which owns the massive building that has been empty for more than a decade, said today a team of architects was working on a multi-million-pound scheme.

The historic Conditioning House was established as wool testing centre through a special Act of Parliament passed in 1887.

It was built around 1902 and in its heyday employed hundreds of people but Bradford Council decided to sell it and the building was closed about 16 years ago.

Ambitious plans to turn it into a £15 million hotel collapsed and hopes in 1994 that it would become the city's new Inland Revenue office were also dashed.

The Grade Two listed building was bought by Knottingley-based Caddick five years ago with a view to turning it into a shopping centre, which would create hundreds of jobs.

Caddick was at that time the lead company in the consortium which spearheaded the development of the £300 million Broadway shopping scheme.

Since then Caddick says it has watched the development of the city before deciding the future of the building.

The change of plan follows the announcement of the construction of a new canal from Shipley to Bradford which would place the building on the waterside.

Developer Bradford Channel Ltd has also submitted planning application for a new £350 million village wrapping round a 15-berth canal basin near Forster Square.

Caddick director Jim Dyson said: "We are very excited about the canal's rebirth and are working on proposals with a full design team."

He said the company wanted to develop 100 apartments in the existing building and build a new complex of 60 flats on the old car park next door.

Caddick also wants to include bars and shops in the redevelopment of the towering building which stands beside Canal Road.

Richard Wightman, president of Bradford Chamber of Commerce, said: "It is good news that the Conditioning House is coming out of mothballs. It is a great building and can be put to good use again.

"It is a wonderful opportunity for the regeneration of Bradford to be made more visible as people pass the site daily."